Jefferies Says American Superconductor (AMSC) Best China Wind Play, Wells Fargo On Solar Stocks

Jefferies has a Buy rating and a $41 price target on American Superconductor (AMSC) and believes it’s the best wind play in China since its largest customer is Sinovel which is the #1 wind energy company in China.

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Wells Fargo is out this morning with several solar calls and is mostly bearish.  They upgraded Yingli Green Energy (YGE) from Market Perform to Outperform citing low production costs and the likelihood of increasing market share and believe ReneSola (SOL) is undervalued, but downgraded a few on Euro weakness and weather concerns.

Solarfun (SOLF) gets downgrade from Outperform to Market Perform.  Daily analysis here.
Canadian Solar (CSIQ) downgraded from Outperform to Market Perform.  Daily analysis here.
JA Solar (JASO) downgraded from Outperform to Market Perform.  Daily analysis here.

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